# VALTEX

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/valtex

- Industry: Internet
- Headquarters: Paris, France
- Website: www.cabaia.fr
- Total disclosed funding: $0.9M
- Latest round: Series A (Apr 19, 2018)
- Investors on record: 1

## About

VALTEX is a Paris-based company specializing in the design and manufacture of customizable bags and travel accessories, emphasizing personalization and functionality for modern travelers.Founded in 2013, VALTEX operates out of Paris, France, focusing on innovative travel solutions that enhance user convenience. The company has successfully completed two deals to date, with its latest funding round being a Series A on June 22, 2023, from Sigma Gestion, raising EUR 0.709 mn. The founder, Mixtly Mondragon, has an entrepreneurial background, although details on previous ventures are not specified.VALTEX specializes in creating a range of bags and accessories, particularly customizable backpacks and flexible luggage options tailored for travelers. Their product lineup includes soft-shell suitcases and foldable backpacks, allowing users to adapt their travel gear to personal preferences. The brand caters to individual consumers across Europe, including markets such as France, Belgium, and Germany, who seek both functionality and style in their travel products.In the most recent fiscal year of 2024, VALTEX reported revenues of EUR 105,946,973.6 with an EBITDA of EUR 12,905,346.8. The company's sales model is primarily direct-to-consumer via their online platform, offering clear pricing structures for their products, which range from approximately EUR 29 for smaller accessories to EUR 119 for larger items like duffle bags.Following its recent investment on June 22, 2023, from Quilvest Capital Partners and Kostogri, VALTEX plans to broaden its product range and accelerate its international expansion. Specific upcoming product launches are being developed, though details were not disclosed. The funding will support these initiatives, enabling the company to strengthen its market presence and explore new geographic opportunities.

## Funding rounds

- Series A, Apr 19, 2018, $0.9M — Trail Capital

## Investors

- Trail Capital (https://capitalatlas.ai/funds/trail-capital) — Series A